Sorry cob,
you are wrong and maybe it's just as well you are no longer a director.
this is often misunderstood and rarely do I see it communicated properly.
Chapter 2D, part 1, division 1 general dutiesSection 181, good faith -civil obligations
181(1) a director or other officer of a corpoao must exercise their powers and discharge their duties:
(A) in good faith in the best interests of the corporation; and
(B) for a proper purpose.
cases to support this include
percival v WrightColeman v Myers
brunninghausen v glavancis
anyone with basic Business studies and law will know these cases, clearly you don't.
it does not act in the best interests of the shareholder.
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